Edgar Filing: PRISM VENTURE PARTNERS IV L P

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Benson Steven J.

2. Issuer Name and Ticker or Trading Symbol
LogMeIn, Inc. [LOGM]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

C/O PRISM VENTURE PARTNERS, 177 KENDRICK STREET, SUITE 200

3. Date of Earliest Transaction (Month/Day/Year)
05/03/2010

(Street)

NEEDHAM, MA 02494

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/03/2010		S		313,200	D	$ 22.9613 ⁽¹⁾	3,103,326	I	By Prism Venture Partners IV, L.P. ⁽⁴⁾
Common Stock	05/04/2010		S		68,524	D	$ 22.909 ⁽²⁾	3,034,802	I	By Prism Venture Partners IV, L.P. ⁽⁴⁾
Common Stock	05/05/2010		S		78,276	D	$ 22.5494 ⁽³⁾	2,956,526	I	By Prism Venture Partners IV, L.P. ⁽⁴⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Benson Steven J. C/O PRISM VENTURE PARTNERS 177 KENDRICK STREET, SUITE 200 NEEDHAM, MA 02494	X	X
PRISM VENTURE PARTNERS IV L P 177 KENDRICK STREET SUITE 200 NEEDHAM, MA 02494		X
PRISM INVESTMENT PARTNERS IV LP 177 KENDRICK STREET SUITE 200 NEEDHAM, MA 02494		X
Prism Venture Partners IV, LLC 177 KENDRICK STREET SUITE 200 NEEDHAM, MA 02494		X

Signatures

/s/ Alyssa Scaparotti as Attorney-in-Fact on behalf of Steven J. Benson, pursuant to a Power of Attorney, dated 11/30/09 attached hereto.		05/05/2010
^**Signature of Reporting Person		Date
/s/ Alyssa Scaparotti as Attorney-in-Fact on behalf of Steven J. Benson, Managing Member of PVP IV LLC, general partner of PIP IV, general partner of PVP IV, pursuant to a Power of Attorney attached hereto.		05/05/2010
^**Signature of Reporting Person		Date
/s/ Alyssa Scaparotti as Attorney-in-Fact on behalf of Steven J. Benson, Managing Member of PVP IV LLC, general partner of PIP IV, pursuant to a Power of Attorney, dated 11/30/09 attached hereto.		05/05/2010
^**Signature of Reporting Person		Date
/s/ Alyssa Scaparotti as Attorney-in-Fact on behalf of Steven J. Benson, Managing Member of PVP IV LLC, pursuant to a Power of Attorney, dated 11/30/09 attached hereto.		05/05/2010
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $22.87 to $23.24 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
(2)	The price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $22.85 to $23.07 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
(3)	The price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $22.4 to $22.8675 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
(4)	Consists of securities held directly by Prism Venture Partners IV, L.P. ("PVP IV"). Prism Investment Partners IV, L.P. ("PIP IV") is the sole general partner of PVP IV. Prism Venture Partners IV, LLC ("PVP IV LLC") is the sole general partner of PIP IV. Steven J. Benson ("Benson") is a member of PVP IV LLC. Each of PIP IV, PVP IV LLC and Benson may be deemed to beneficially own the shares held by PVP IV, but each of PIP IV, PVP IV LLC and Benson disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein.

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